PUBLISHER: Grand View Research | PRODUCT CODE: 1301204
PUBLISHER: Grand View Research | PRODUCT CODE: 1301204
U.S. Medical Weight Loss Clinics Market Size, Share & Trends Analysis Report By Ownership (Hospital-based, Standalone), By Region (Northeast, Southeast, Southwest, West, Midwest), And Segment Forecasts, 2023 - 2030
U.S. Medical Weight Loss Clinics Market Growth & Trends
The U.S. medical weight loss clinics market size is expected to reach USD 1.51 billion by 2030, based on a new report by Grand View Research, Inc. The market is projected to register a CAGR of 4.29% from 2023 to 2030. The growth is attributed to the rising prevalence of obesity and the overweight adult population in the U.S. Moreover, the growing desire of overweight people to improve their health is expected to boost growth in the U.S.
Physical inactivity is a major public health concern as it has led to the second-highest number of deaths after the consumption of tobacco in the U.S. A sedentary lifestyle is the major factor responsible for obesity and subsequently leads to morbidity and the development of chronic conditions, such as diabetes and cardiac disorders. Hence, the growing sedentary lifestyle among the adult U.S. population is expected to boost the market's growth over the forecast period. According to the CDC statistics, around 15% of all adults in the country are physically inactive, and the prevalence ranges from 17.3% to 47.7% in states and territories.
Moreover, with the rising demand for medical weight loss treatment programs, companies are launching clinics in different locations to cater to this demand. For instance , in January 2022, Options Medical Weight Loss opened a clinic in Tampa, Florida, to provide personalized medical weight loss programs in the area. It is the third clinic in the Central Gulf Coast of Florida, along with the clinics located in St. Petersburg and Largo.
The COVID-19 pandemic negatively impacted the growth of the market during the initial phase owing to reduced demand from patients and closures of centers to curb the spread of the virus. However, with the adoption of telehealth services, the market has recovered quickly from the negative effects of the pandemic and is expected to be in demand over the next few years.
U.S. Medical Weight Loss Clinics Report Highlights
- Based on the ownership, the standalone segment held the largest market share in 2022. The high share of the segment can be attributed to the rising number of standalone clinics in the U.S. and growing patient preference towards specialized standalone clinics
- Based on the region, the Southeast region held the largest market share in 2022 owing to the higher prevalence of obesity in the region and growing healthcare spending for physician services
- Many standalone clinics are opening new clinics to increase their market and geographical presence and offer personalized services with some new and potent medications such as GLP-1
- The adoption of medical weight loss treatment is rising in the U.S. as patients are shifting from bariatric surgeries to affordable non-surgical interventions. These programs are in demand owing to the low risk of mortality associated with these programs
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation
- 1.2. Estimates and Forecast Timeline
- 1.3. Research Methodology
- 1.3.1. Information procurement
- 1.3.2. Purchased Database
- 1.3.3. GVR's Internal Database
- 1.3.4. Secondary Sources
- 1.3.5. Primary Research
- 1.3.6. Details of Primary Research
- 1.4. Information or Data Analysis
- 1.4.1. Data Analysis Models
- 1.5. 1.5 Market Formulation & Validation
- 1.5.1. Volume Price Analysis
- 1.6. List of Secondary Sources
- 1.7. List of Abbreviations
- 1.8. Research Objectives
- 1.8.1. Objective - 1
- 1.8.2. Objective - 2
- 1.8.3. Objective - 3
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Dynamics
- 3.1.1. Market Driver Analysis
- 3.1.1.1. Rise in prevalence of obesity
- 3.1.1.2. Growing aesthetic desire to look fit
- 3.1.1.3. Shift of patients from surgical weight loss treatment to non-surgical treatment
- 3.1.2. Market Restraint Analysis
- 3.1.2.1. Lack of skilled healthcare staff
- 3.1.2.2. Gap between demand and supply of physicians
- 3.1.1. Market Driver Analysis
- 3.2. Industry Analysis Tools
- 3.2.1. Porter's Five Forces Analysis
- 3.2.2. PESTLE Analysis
- 3.3. COVID-19 Impact Analysis
Chapter 4. U.S. Medical Weight Loss Clinics Market: Ownership Estimates & Trend Analysis
- 4.1. Segment Definitions
- 4.2. U.S. Medical Weight Loss Clinics Market: Segment Dashboard
- 4.3. U.S. Medical Weight Loss Clinics Market: Ownership Movement & Market Share Analysis
- 4.4. Hospital-based
- 4.4.1. Hospital-based Market, 2018 - 2030 (USD Million)
- 4.5. Standalone
- 4.5.1. Standalone Market, 2018 - 2030 (USD Million)
Chapter 5. U.S. Medical Weight Loss Clinics Market: Region Estimates & Trend Analysis
- 5.1. Segment Definitions
- 5.2. U.S. Medical Weight Loss Clinics Market: Segment Dashboard
- 5.3. U.S. Medical Weight Loss Clinics Market: Region Movement & Market share Analysis
- 5.4. West
- 5.4.1. West Market, 2018 - 2030 (USD Million)
- 5.5. Midwest
- 5.5.1. Midwest Market, 2018 - 2030 (USD Million)
- 5.6. Northeast
- 5.6.1. Northeast Market, 2018 - 2030 (USD Million)
- 5.7. Southeast
- 5.7.1. Southeast Market, 2018 - 2030 (USD Million)
- 5.8. Southwest
- 5.8.1. Southwest Market, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Company Profiles
- 6.1.1. Cleveland Clinic
- 6.1.1.1. Overview
- 6.1.1.2. Financial Performance
- 6.1.1.3. Service Benchmarking
- 6.1.1.4. Strategic Initiatives
- 6.1.2. Medical Weight Loss Clinic
- 6.1.2.1. Overview
- 6.1.2.2. Financial Performance
- 6.1.2.3. Service Benchmarking
- 6.1.2.4. Strategic Initiatives
- 6.1.3. Rivas Weight Loss
- 6.1.3.1. Overview
- 6.1.3.2. Financial Performance
- 6.1.3.3. Service Benchmarking
- 6.1.3.4. Strategic Initiatives
- 6.1.4. Medi IP, LLC (Medi-Weightloss)
- 6.1.4.1. Overview
- 6.1.4.2. Financial Performance
- 6.1.4.3. Service Benchmarking
- 6.1.4.4. Strategic Initiatives
- 6.1.5. NYU Langone Hospitals
- 6.1.5.1. Overview
- 6.1.5.2. Financial Performance
- 6.1.5.3. Service Benchmarking
- 6.1.5.4. Strategic Initiatives
- 6.1.6. Stanford Health Care
- 6.1.6.1. Overview
- 6.1.6.2. Financial Performance
- 6.1.6.3. Service Benchmarking
- 6.1.6.4. Strategic Initiatives
- 6.1.7. UCLA Health
- 6.1.7.1. Overview
- 6.1.7.2. Financial Performance
- 6.1.7.3. Service Benchmarking
- 6.1.7.4. Strategic Initiatives
- 6.1.8. Long Island Weight Loss Institute
- 6.1.8.1. Overview
- 6.1.8.2. Financial Performance
- 6.1.8.3. Service Benchmarking
- 6.1.8.4. Strategic Initiatives
- 6.1.9. Med-Fit Medical Weight Loss
- 6.1.9.1. Overview
- 6.1.9.2. Financial Performance
- 6.1.9.3. Service Benchmarking
- 6.1.9.4. Strategic Initiatives
- 6.1.10. Cedars-Sinai
- 6.1.10.1. Overview
- 6.1.10.2. Financial Performance
- 6.1.10.3. Service Benchmarking
- 6.1.10.4. Strategic Initiatives
- 6.1.11. Allegheny Health Network
- 6.1.11.1. Overview
- 6.1.11.2. Financial Performance
- 6.1.11.3. Service Benchmarking
- 6.1.11.4. Strategic Initiatives
- 6.1.12. Options Medical Weight Loss
- 6.1.12.1. Overview
- 6.1.12.2. Financial Performance
- 6.1.12.3. Service Benchmarking
- 6.1.12.4. Strategic Initiatives
- 6.1.1. Cleveland Clinic
- 6.2. Company Categorization
- 6.3. Company Market Position Analysis
- 6.4. Strategy Mapping
Chapter 7. Recommendations/Key Market Insights
List of Tables
- Table 1 List of secondary sources
- Table 2 List of abbreviations
- Table 3 U.S. medical weight loss clinics market, by ownership, 2018 - 2030 (USD Million)
- Table 4 U.S. medical weight loss clinics market, by region, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 U.S. medical weight loss clinics market segmentation
- Fig. 2 Market research process
- Fig. 3 Data triangulation techniques
- Fig. 4 Information procurement
- Fig. 5 Primary research pattern
- Fig. 6 Market research approaches
- Fig. 7 Value chain-based sizing & forecasting
- Fig. 8 QFD modeling for market share assessment
- Fig. 9 Market formulation & validation
- Fig. 10 Market snapshot, 2022
- Fig. 11 Segment outlook
- Fig. 12 Competitive landscape
- Fig. 13 U.S. medical weight loss clinics market dynamics
- Fig. 14 U.S. medical weight loss clinics market: PESTLE analysis
- Fig. 15 U.S. medical weight loss clinics market: Porter's five forces analysis
- Fig. 16 U.S medical weight loss clinics ownership market: Segment dashboard
- Fig. 17 U.S. medical weight loss clinics market: Ownership movement & market share analysis
- Fig. 18 U.S. medical weight loss clinics market, by hospital-based, 2018 - 2030 (USD Million)
- Fig. 19 U.S. medical weight loss clinics market, by standalone, 2018 - 2030 (USD Million)
- Fig. 20 U.S medical weight loss clinics region market: Segment dashboard
- Fig. 21 U.S. medical weight loss clinics market: Region movement & market share analysis
- Fig. 22 U.S. medical weight loss clinics market, by Northeast, 2018 - 2030 (USD Million)
- Fig. 23 U.S. medical weight loss clinics market, by Southeast, 2018 - 2030 (USD Million)
- Fig. 24 U.S. medical weight loss clinics market, by Southwest, 2018 - 2030 (USD Million)
- Fig. 25 U.S. medical weight loss clinics market, by Midwest, 2018 - 2030 (USD Million)
- Fig. 26 U.S. medical weight loss clinics market, by West, 2018 - 2030 (USD Million)
- Fig. 27 Company/competition categorization
- Fig. 28 Company market position analysis
- Fig. 29 Strategy mapping
